{"id":"F2014L01724","name":"Competition and Consumer Act 2010 - Monitoring of the Prices, Costs and Profits Relating to the Supply of Unleaded Petroleum Products in the Petroleum Industry in Australia (09/12/2014)","slug":"f2014l01724","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":315440,"registerId":"commonwealth-F2014L01724-current","compilationNumber":null,"startDate":"2026-04-08","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Competition and Consumer Act 2010 - Monitoring of the Prices, Costs and Profits Relating to the Supply of Unleaded Petroleum Products in the Petroleum Industry in Australia (09/12/2014)","content":"![AustGovt_crest](image.001.jpeg)\n\nCommonwealth of Australia\n\nCOMPETITION AND CONSUMER ACT 2010\n\nMONITORING OF THE PRICES, COSTS AND PROFITS RELATING TO THE SUPPLY OF UNLEADED PETROLEUM PRODUCTS IN THE PETROLEUM INDUSTRY IN AUSTRALIA\n\nI, Bruce Billson, Minister for Small Business, pursuant to section 95ZE of the Competition and Consumer Act 2010, hereby direct:\n\n1.  the Australian Competition and Consumer Commission (ACCC) to monitor the prices, costs and profits relating to the supply of unleaded petroleum products in the petroleum industry in Australia for three years, effective from 17 December 2014; and\n2.  the ACCC to report to me on its monitoring activities in paragraph (1) at least quarterly from 17 December 2014.\n3.  The Direction commences the day after registration.\n\nDATED THIS 9th DAY OF DECEMBER 2014\n\nBruce Billson\n\nMINISTER FOR SMALL BUSINESS","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1248},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This is the original direction as made; the scope remains limited to the original intent of monitoring unleaded petroleum products for a fixed three-year period with quarterly reporting."},"complexity_factors":["Extremely brief instrument with only three operative paragraphs","No defined terms or interpretation section","No conditional language, exceptions, or nested provisions","Single cross-reference to empowering provision (section 95ZE)","Direct, unqualified directive language with no procedural complications"],"plain_english_summary":"**What this does:** This is a ministerial direction that tells the Australian Competition and Consumer Commission (ACCC) — the national competition watchdog — to keep tabs on the petrol industry.\n\n**Specifically:**\n*   **What gets monitored:** Prices, costs, and profits for unleaded petrol products sold in Australia\n*   **Who does the monitoring:** The ACCC\n*   **How long:** Three years, starting from 17 December 2014\n*   **Reporting:** The ACCC must report back to the Minister every three months\n\n**Why it matters:** This gives the government eyes on the fuel market to check if prices are fair, costs are reasonable, and profits aren't excessive. It helps ensure petrol companies aren't taking advantage of consumers, and provides transparency about what drives prices at the bowser."}},"importantCases":[],"_links":{"self":"/api/acts/f2014l01724","history":"/api/acts/f2014l01724/history","analysis":"/api/acts/f2014l01724/analysis","conflicts":"/api/acts/f2014l01724/conflicts","importantCases":"/api/acts/f2014l01724/important-cases","documents":"/api/acts/f2014l01724/documents"}}